news agency

Tag: BofA

BofA Strategists Warn of Fed Hikes in Expensive Market

BofA Strategists Warn of Fed Hikes in Expensive Market

Updated on 02/13/2022 03:06 am Optimists who expect the stock market to ride out the rate hike cycle as it has in the past are missing an important detail, according to strategists at Bank of America Corp. Although the actions of U.S posted positive returns during previous periods of rate hikes, the key risk this […]

BofA: Investors flock to stocks as Fed lags behind

BofA: Investors flock to stocks as Fed lags behind

Updated on 01/21/2022 11:30 am Investors pumped money into stocks and siphoned funds away from bonds and cash as global markets braced for higher interest rates, the weekly report showed. BofA. In the first 13 trading days of the year, compared to the same period in 2021, stock funds posted inflows of $52 billion versus […]

BofA: Chile’s Boric must reduce magnitude of tax reform

BofA: Chile’s Boric must reduce magnitude of tax reform

Updated on 12/24/2021 04:14 am Chile’s president-elect Gabriel Boric will be forced to moderate his plans, reduce the size of his tax reform and gradually advance on some spending problems, Bank of America analysts, including Sebastián Rondeau, Christian González, said in a note. and Gabriel Tenorio. Boric has shown some signs of restraint. Congressional restrictions […]

BofA: don’t buy on the first rate hike, expect capitulation

BofA: don’t buy on the first rate hike, expect capitulation

Updated on 12/18/2021 04:33 am The old stock market adage to buy on the first rate hike and sell on the penultimate rate hike could go wrong this time as inflation is out of control, according to Bank of America Corp. “Little cracks” were showing up in megacap tech stocks, the epicenter of a 13-year […]

US Treasury Bonds Record Highest Weekly Earnings in Over a Year, BofA Says

US Treasury Bonds Record Highest Weekly Earnings in Over a Year, BofA Says

Updated on 03/12/2021 09:54 am US Treasuries posted their highest earnings since October 2020, while high-yield, investment-grade debt funds posted strong outflows on concerns over high inflation and a tightening of the Federal Reserve’s monetary policy. (Fed) said the BofA. Cash funds posted the largest weekly inflows, at $ 27.1 billion, followed by stocks at […]

BofA expects $ 100 billion in electric vehicle IPOs by 2023

BofA expects $ 100 billion in electric vehicle IPOs by 2023

A global push toward electrification is sparking a wave of initial public offerings in the world of electric vehicles that could raise about $ 100 billion through the end of 2023, according to Bank of America Corp. Increasing investments in the sector, ranging from batteries to car charging, would lead to spin-offs of corporate units […]

Global investors will end 2021 with a risk-friendly outlook, according to the BofA

Global investors will end 2021 with a risk-friendly outlook, according to the BofA

Updated on 11/16/2021 11:03 am Investors are heading to the end of the year in a favorable mood for “risk”, Having reduced cash flows and raised its overweight position in US equities to the highest level since August 2013, showed a monthly survey by fund manager BofA Securities. Inflation continues to be the biggest threat […]

Is the worst of supply chain disruption over?

Is the worst of supply chain disruption over?

As companies, investors and politicians worry about jams at ports, freight costs and the shortage of potato chips, some indicators are beginning to show that the tension in the supply chain global may be declining. Supply chain problems have dominated the last season of company results, and mentions of these problems among executives have risen […]

BofA claims investors ignore higher rate fears and hoard stocks

BofA claims investors ignore higher rate fears and hoard stocks

Updated on 10/22/2021 09:22 am Equity funds posted their highest earnings in five weeks as investors raised bets that concerns about high inflation could be excessive and that central banks will therefore remain on track to moderately tighten monetary policy, a BofA report indicated. In the week through Wednesday, investors invested $ 24.5 billion in […]

Rapid rise in crude is not sustainable, according to BofA strategists

Rapid rise in crude is not sustainable, according to BofA strategists

Updated on 10/18/2021 03:07 am Rising oil prices won’t last long, US equity strategists said on Friday. Bank of America Corp., just as crude crossed the threshold of US $ 85 a barrel for the first time since 2018. “The price of oil is 30% above the fair value levels implicit in our analysis, one […]